Company History - Atharv Enterprises
Wellworth Finlease Limited was originally incorporated on 26th
December, 1990, under the Companies Act, 1956 as Private Limited
Company in the name of R.S Agrawal Financial Consultancy Private
Limited & subsequently the name of the Company has been changed as
Wellworth Finlease Limited by passing the Special Resolution in its
Extra Ordinary General Meeting held on 15th December, 1992 and
certificate to that effect was obtained from Registrar of Companies.
Maharashtra on 25th January, 1993.
The Company is engaged to provide various type of financial services
such as Inter-Corporate Deposits, Bill Discounting and short term
deposits and consultancy services in the various fields including
administration, commercial, secretarial, accounting, taxation,
formation of companies, preparation of project feasibility reports
and to act as an Advisor/Consultant to Issues.
The Company obtained Registration from SEBI for Registered Merchant
Banker Category III to carry on the Merchant Banking Activities in
the capacity of Advisors/Consultants and Underwriters to the Issues
since 1st April, 1993. After getting the registration the company is
continuously providing the above services to its Corporate clients.
The company has been providing consultancy services in the area of
project and finance to small and medium scale industries, syndication
in inter Corporate deposit, corporate consultancy, issue advisory and
underwriting services in the field of Merchant Banking. At present
company has some Issue Advisory Assignments lined up and the issues
are expected to be launched during the last quarter of 1994 to the
middle of 1995. The Company has started syndication of lease
financing, hire purchase, inter corporate deposits, investment
banking, short term
deployment of corporate/trust funds and trading of securities.
-Company has changed its name from Jaju Enterprises Ltd. to Atharv
--Registered Office of the Company has been shifted from 1039 E,
Rajaram Road, Kolhapur - 416001 to Arihant Tower, S.F.4/5, II Floor,
Station Road, Kolhapur - 416001
-Atharv Enterprises has splits its face value from Rs 10/- to 1/-.
-Atharv Enterprises Ltd has recommended bonus issue of one equity
share for every one equity share held by the shareholders of the
Company i.e.at the ratio of 1:1.